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SPX WEEKEND

I'm waiting for the crash that is about to happen. Bulls just don't have any more energy as upside momentum has faded. On the other hand, bears have been doing absolutely NOTHING. But when the tables turn, it will be catastrophic. A catalyst is needed though. Trump and Kim Jong-un are two childish egomaniacs that will cause global chaos just to satisfy their egos as to who is in control. Given their personalities, a massive sell-off is coming in short order. I'm surprise it took this long. Like I said back in April, I'm not comfortable making bull plays until the US-North Korea tension subsides. So far the things have gotten worse not better between them as each wants to prove a proint. When war starts (and it is sure to happen) there will be mass exodus from the market due to panic selling. This constant rise taking place is a trap because it will all disappear very suddenly as the rug gets pulled from underneath.

SPX-WEEKLY III


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SPX WEEKEND UPDATE

A CRASH IS COMING:
It is really amazing how relentless the bulls have been. Nonetheless, I believe we are going to see a massive drop take place very suddenly and without warning. I believe this constant rise taking place is a bull trap. There is trouble coming. So I will just have to watch and wait given that all bearish setups (including intraday) are not working. The bears are just too weak. They need a catalyst otherwise they are no threat to the bulls.

SPX-WEEKLY III


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